FarmWise Analysis
Founded in 2016, FarmWise is an agricultural and robotics startup headquartered in the United States with a primary focus on leveraging advanced technology for the enhancement and efficiency of farming operations.
The company's slogan, "Reliable Ag Computer Vision," encapsulates its commitment to utilizing innovative computer vision technology to revolutionize farming practices. FarmWise is dedicated to enabling farmers and agricultural equipment manufacturers to redefine farming operations by employing real-time plant-level perception, understanding, and action at scale.
The culmination of FarmWise's efforts is demonstrated through the development and deployment of the Vulcan precision implement, introduced in 2023 following extensive operational experience garnered from over 20,000 acres of commercial weeding in the greater Salinas Valley, California.
Integral to the Vulcan's capabilities is FarmWise's Intelligent Plant System (IPS), an advanced computer vision architecture specifically tailored for agricultural applications, setting it apart as a pioneering solution in the sector.
The credibility and potential of FarmWise are further evidenced by its recent $45.00M Series B investment secured on 01 June 2022. Noteworthy investors contributing to this round include GV, Middleland Capital, Fall Line Capital, Alumni Ventures Blockchain Fund, Calibrate Ventures, Cavallo Ventures, SVG Ventures | THRIVE, Taylor Farms, Castor Ventures, and Wilbur-Ellis.
Overall, FarmWise's dedicated focus on advancing agricultural practices through cutting-edge technology, coupled with significant investments and an impressive roster of backers, positions the company as a promising player in the agriculture and robotics industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $45.00M | 10 | Wilbur-Ellis, Taylor Farms +1 | 01 Jun 2022 |
Venture Round | Unknown | 2 | 77 — by SBXi | 26 Oct 2020 |
Series A | $14.50M | 7 | Wilbur-Ellis, James Conigliaro +2 | 17 Sep 2019 |
Series A | Unknown | 1 | Daniel Curran | 05 Jun 2019 |
Seed Round | $5.70M | 6 | Lemnos VC | 19 Dec 2017 |
No recent news or press coverage available for FarmWise.